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SMA Solar Technology AG (S92G.DE)

S92G.DE on Xetra

18.83EUR
19 Oct 2018
Change (% chg)

€-0.42 (-2.18%)
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€19.25
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€19.51
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€19.51
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€18.55
Volume
103,614
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114,400
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€63.15
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€17.80

Latest Key Developments (Source: Significant Developments)

SMA Solar Says To Adjust Structure
Thursday, 27 Sep 2018 09:21am EDT 

Sept 27 (Reuters) - SMA Solar Technology AG ::DGAP-NEWS: MANAGING BOARD OF SMA SOLAR TECHNOLOGY AG LOWERS GUIDANCE FOR THE CURRENT FISCAL YEAR.HAS DECIDED TO ADJUST COMPANY'S STRUCTURES.WILL INTRODUCE PRODUCT INNOVATIONS IN MAJOR PHOTOVOLTAIC MARKETS IN COMING MONTHS AND INTO 2019 THAT WILL ALLOW IT TO COUNTER INCREASING PRICE PRESSURE IN COMPONENTS BUSINESS.WILL ALSO MAKE STRUCTURAL ADJUSTMENTS IN MEDIUM TERM TO BE ABLE TO REACT EVEN MORE FLEXIBLY TO MARKET-SPECIFIC CHANGES.PLANNED MEASURES ARE TO BE ADOPTED BY END OF YEAR.MEASURES CONCERN REDUCTION OF COMPLEXITY IN AREAS OF OPERATIONS AND TECHNOLOGY, OUTSOURCING OF ACTIVITIES, GLOBAL ADJUSTMENT OF ADMINISTRATIVE AREAS.IS WELL EQUIPPED TO BENEFIT FROM EXPECTED MARKET CONSOLIDATION AND TO QUICKLY RETURN TO PROFITABILITY.  Full Article

SMA Solar U.S. market remained below expectations in Q1
Wednesday, 28 Mar 2018 04:00am EDT 

March 28 (Reuters) - Sma Solar ::CEO SAYS NOT PLANNING TO BUY SMALL PLAYERS TO BOLSTER OUR POSITION, WE ARE PRESENT IN ALL KEY MARKETS AND SEGMENTS.CFO SAYS U.S. MARKET REMAINED BELOW EXPECTATIONS IN Q1; EUROPE, APAC DEVELOPING NICELY.  Full Article

SMA Solar proposes a dividend of 0.35 euros a share
Wednesday, 28 Mar 2018 01:06am EDT 

March 28 (Reuters) - SMA Solar ::DGAP-NEWS: SMA SOLAR TECHNOLOGY AG SETS NEW SALES RECORD IN 2017, ACHIEVES TOP END OF EARNINGS GUIDANCE AND ANTICIPATES POSITIVE BUSINESS PERFORMANCE IN 2018.DIVIDEND 0.35 EURPER SHARE VERSUS 0.26 EURPER SHARE YEAR AGO.FY SALES 891 MILLION EUR.‍MANAGING BOARD AND SUPERVISORY BOARD RECOMMEND DIVIDEND PAYMENT OF EUR0.35 PER SHARE (2016: EUR0.26 PER SHARE)​.‍MANAGING BOARD ANTICIPATES SALES OF APPROXIMATELY EUR180 MILLION AND EBITDA OF APPROXIMATELY EUR18 MILLION IN Q1 OF 2018 AND CONFIRMS SALES AND EARNINGS GUIDANCE FOR YEAR AS A WHOLE​.‍SMA SOLAR TECHNOLOGY AG (SMA/FWB: S92) GENERATED A NEW SALES RECORD IN 2017 WITH AROUND 8.5 GW OF INVERTER OUTPUT SOLD (2016: 8.2 GW).​.‍EBITDA AMOUNTED TO EUR97.3 MILLION (EBITDA MARGIN: 10.9%; 2016: EUR141.5 MILLION, 14.9%) AND WAS THEREFORE AT TOP END OF GUIDANCE​.‍ALL SEGMENTS WERE PROFITABLE IN LAST FISCAL YEAR.​.‍NET INCOME WAS AT PREVIOUS YEAR'S LEVEL AT EUR30.1 MILLION (2016: EUR29.6 MILLION)​.‍EARNINGS PER SHARE THUS AMOUNTED TO EUR0.87 (2016: EUR0.85)​.‍DUE TO ITS ATTRACTIVE BUSINESS MODEL AND INCREASED FLEXIBILITY, SMA GENERATED HIGH OPERATING CASH FLOW OF EUR116.8 MILLION (2016: EUR147.5 MILLION)​.‍FOR Q1 OF 2018, SMA MANAGING BOARD IS ANTICIPATING SALES OF APPROXIMATELY EUR180 MILLION (Q1 2017: EUR173.2 MILLION)​.‍FOR Q1 OF 2018, SMA MANAGING BOARD IS ANTICIPATING EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (EBITDA) OF APPROXIMATELY EUR18 MILLION (Q1 2017: EUR15.9 MILLION)​.  Full Article

SMA Solar 2018 sales likely to be impacted by supply issues-CEO
Thursday, 9 Nov 2017 03:58am EST 

Nov 9 (Reuters) - Sma Solar :Ceo says 2018 sales will likely be impacted by supply issues, currently looking to contract additional suppliers of key components.Ceo says supply problem is about insufficient availability of components.Ceo says business we have secured in utility segment in united states is quite promising.Cfo says could reach high end of our 2017 ebitda outlook.  Full Article

SMA Solar Technology and MVV Energie partner on direct marketing of solar power
Wednesday, 31 May 2017 02:24am EDT 

May 31 (Reuters) - SMA Solar Technology AG ::SMA SOLAR TECHNOLOGY AG AND MVV ENERGIE AG PARTNER ON DIRECT MARKETING OF SOLAR POWER.‍SMA SOLAR TECHNOLOGY AG AND MANNHEIM-BASED ENERGY COMPANY MVV ENERGIE AG HAVE ENTERED A STRATEGIC PARTNERSHIP IN DIRECT MARKETING OF SOLAR POWER​.‍AIM IS TO WORK TOGETHER TO DEVELOP A SOLUTION THAT ENABLES INSTALLERS AND OPERATORS OF PV SYSTEMS WITH AN OUTPUT OF MORE THAN 100 KWP TO INTEGRATE THESE SYSTEMS DIRECTLY INTO ENERGY TRADING SIMPLY AND COST-EFFECTIVELY IMMEDIATELY UPON COMMISSIONING​.‍JOINT SOLUTION WILL BE LAUNCHED AT BEGINNING OF NEXT YEAR​.  Full Article

Beijing Dinghan Technology's unit to acquire SMA Railway Technology GmbH
Thursday, 30 Mar 2017 08:39am EDT 

Beijing Dinghan Technology Co Ltd <300011.SZ> :Says its Hong Kong unit signs agreement to acquire SMA Railway Technology GmbH for up to 200 million yuan ($29.04 million).  Full Article

SMA Solar technology ag provisional figures 2016 and guidance 2017
Thursday, 26 Jan 2017 05:43am EST 

SMA Solar Technology AG : 2016 fiscal year sales of around 940 million euros ($1.01 billion) and earnings before interest, taxes, depreciation and amortization (EBITDA) of over 140 million euros with depreciation and amortization of around 75 million euros . In FY increased operating earnings before interest and taxes (EBIT) to approximately 65 million euros (pro-forma 2015: 43.3 million euros) .For 2017 fiscal year, managing board expects sales of 830 million to 900 million euros and EBITDA of 70 million euros to 90 million euros, due in particular to persistently high price pressure.  Full Article

SMA Solar changes board positions
Thursday, 8 Dec 2016 11:30am EST 

Sma Solar : Says Roland Grebe, board member for HR, IT and service operations is resigning from managing board for personal reasons and leaving company as of december 31, 2016 . Says in addition, supervisory board and Pierre-Pascal Urbon agreed upon a contract extension by another five years to 2022 . Says supervisory board of SMA solar technology AG has resolved changes to sma managing board . Says Roland Grebe and supervisory board came to a corresponding agreement today . Says supervisory board has appointed Ulrich Hadding as board member for finance, HR and legal effective january 1, 2017. . Says dr. Jürgen reinert will remain responsible for development, operations and business units. .dgap-news: sma solar technology changes board positions.  Full Article

SMA Solar CEO steps down, to be replaced by deputy

FRANKFURT, Oct 15 SMA Solar, Germany's largest solar group, on Monday named Juergen Reinert, deputy chief executive and board member for operations and technology, as its new CEO, replacing Pierre-Pascal Urbon, who is leaving after seven years at the helm.